saturn
Feds Open Probe into Whether GM Should Recall Saturn Ion Models
The federal government is investigating whether some 384,000 Saturn Ion compact cars should have been included in a recall earlier this year. The recall was for more than one million General Motors models to repair power steering units that could fail.
Stocks in the News: Kraft, Apple, Ford
Kraft Foods boosted its offer for British candy maker Cadbury following Monday's announced $3.7 billion sale of Kraft's pizza business to Nestle. But it remains to be seen whether Cadbury will bite on the sweetened offer. Read more to see how this and other news could affect stocks today.
GM Dumps Pontiacs -- Car-Buying Opportunity of a Lifetime
GM plans to sell Pontiacs and Saturns -- its discontinued brands -- at huge discounts through the end of the year. The move could hasten the company's restructuring but cost it a lot of money.
GM's Saab Story Not Over Yet
After announcing Friday that it would shutter Swedish car maker Saab, GM has reportedly received several inquiries from potential buyers. One is from previously rejected Saab suitor Spyker Cars, which has submitted a revised bid that expires at 5 p.m. Monday. Spyker says that it has removed the obstacles that ended negotiations previously.
